SAA turnaround plans – We’ve heard it all before

Jamie McKane

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SAA turnaround plans – We’ve heard it all before

Government representatives - including Public Enterprises minister Pravin Gordhan - met with the unions of SAA workers recently to discuss the future of the embattled airline.

At this meeting, unions agreed to work with the government to ensure "a financially viable and competitive airline emerges" from the business rescue process SAA is currently in.
 

Jola

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Just tell the unions that it is over !!!

The piggies have emptied the trough !
 

Solitude

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Good article and very interesting. When you see how many years they've struggled to keep SAA alive, you really see how pointless it is.
 

LaraC

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Unions have agreed that some jobs will be lost in the process of solving SAA’s financial issues, and both parties agreed that social plans will be developed to help those who lose employment.
What will the unions contribute to help those who lose their jobs? :unsure:
 

only1cr

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Why don't the unions invest in SAA,they get money from their members for nothing anyway, oh ok they wont be getting money from a large chunk of members who are working for SAA, but also ground staff. Another thing is they probably already have a small investment in a supply chain to SAA. They just want to continue supplying SAA with expensive items, plus instead of unions trying to keep the whole of SAA afloat why don't they ask for the management who are causing all the money to disappear instead of the staff who honestly just want to make a living.
Unions need to show their investment arm of their businesses, because i doubt the members are benefiting from that part of being a union member.
 

Gazg

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When that Myeni bufoon took over, that's when it really went down the tubes.....
 

deweyzeph

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You can't polish a turd. SAA has basically just been a huge employment agency for the last few years. That's the sole reason it still exists.
 

Tman*

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Its like being in a relationship with domestic abuse: "please baby, I promise, this time it will be different!"
 

reactor_sa

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Ok then let them work for free, since there is no money to pay anyone - not even suppliers
 

markings

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Just tell the unions that it is over !!!

The piggies have emptied the trough !
Tell the unions that if they want SAA to continue they must fork out the money for it and run it themselves.
 

Sapphiron

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Liquidate it now.

look at restarting it in 5 years when air travel start returning to normal levels
 

TEXTILE GUY

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The coronavirus pandemic will bankrupt most airlines worldwide by the end of May unless governments and the industry take coordinated steps to avoid such a situation, an aviation consultant warned.

Many airlines have probably been driven into technical bankruptcy or substantially breached debt covenants already, Sydney-based consultancy CAPA Centre for Aviation warned in a statement Monday. Carriers are depleting cash reserves quickly because their planes are grounded and those that aren’t are flying more than half empty, it said.


But some trade union chap with a std 4 pass in orientation is going to patch it all up ...... okay.
FFS, please let the virus pick wisely rather than indiscriminately ...... and leave the world a better place.
 
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